XTB
4.6
138 Good Money Guide users have given this provider a review rating of 4.6 out of 5 based on their genuine experience.
Excellent
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Average
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XTB Customer Reviews & Expert Rating

  • XTB is highly rated in both expert and user reviews, boasting an average of 4.6/5 from 138 user reviews, reflecting strong overall satisfaction.
  • Experts commend XTB for its competitive spreads and robust customer service, highlighting the innovative trading platform and a strong focus on client education, which earned them accolades in 2023.
  • Users frequently praise the platform’s ease of use, efficient trade execution, and excellent customer support. Many appreciate the educational resources available, while some express concerns about limited account options and occasional slow responses from support.

3/5

27th January 2023

Pros:

It has good academic resources

Cons:

they need add pre and post markets for the stocks market

GMG Awards Voter: [118230029501]

5/5

27th January 2023

Pros:

Excelent plattform

Cons:

Augment the trading instuments, though they have a lot

GMG Awards Voter: [118230026407]

5/5

26th January 2023

Pros:

support

Cons:

mid range stocks

GMG Awards Voter: [118228749883]

5/5

28th February 2022
GMG Awards Voter: [13362465036]

Andrew @ 04/21/2021 10:34

28th April 2021

Serious broker. No one of those pushing you for funding. I’m actually surprised with their onboarding team, very helpful.

Thank you.

Andrew

Jeff @ 03/25/2021 05:03

25th March 2021

Very reliable broker, I’ve recently discovered their xstation mobile, what a gem.

Recommended!

Jeff

Selcuk KILINC @ 03/21/2021 01:48

21st March 2021

I never lost money with XTB. But buy-sell price difference are sometimes too high on some pairs.

Selcuk KILINC

Sophie @ 03/19/2021 07:26

20th March 2021

I’m not a professional trader, but I’m learning so much with their trading material. Very helpful costumer service, thank you!

Sophie

Sophie

Mariusz @ 03/18/2021 05:56

18th March 2021

A lot of stocks, daily news, 0% fees for etfs. I love it and recommend it.

Mariusz

Tom @ 03/17/2021 08:40

17th March 2021

Great trading platform, both desktop/web and mobile. Great uptime and super fast in comparison with other trading platforms.

Tom

dorota @ 03/16/2021 10:17

17th March 2021

Excelent customer service and trading platform.

dorota

kakrzys @ 03/16/2021 10:58

17th March 2021

Very satisfied with the broker, good selection of stocks and very trustful.

kakrzys

Mario @ 03/17/2021 04:12

17th March 2021

best platforms.

Daily news, support etc. Highly recommend.

Mario

Maciek @ 03/17/2021 05:10

17th March 2021

Nice app but still Got some missing features. But for me its better then others (using two apps of my banks)

Maciek

Johan @ 03/17/2021 06:17

17th March 2021

Lots of materials to learn from. Great user service. I received a phone call from them and was asked if everything is clear and understandable.

Johan

Koray @ 03/16/2021 05:31

16th March 2021

Very best broker, and trusted.

Koray

Phil Jackson @ 03/16/2021 06:17

16th March 2021

Great platform

Superb webinars, Walid Kaudmani and the others really help with my trading.

Phil Jackson

Chinedu @ 03/16/2021 10:08

16th March 2021

Great broker and easy to use platform. Withdrawals are trouble free and the customer service is probably one of the best.

Chinedu

Kacper @ 03/16/2021 12:26

16th March 2021

Ultimately best broker I have used so far! Great trading app and customer service.

Kacper

Waldemar @ 03/16/2021 09:42

16th March 2021

Great brokers, xstation5 is easy to use,

Daily news, support etc. Highly recommend.

Waldemar
XTB Review: A Great All Round Trading & Investing Platform
Good Money Guide Recommended 2024

Provider: XTB

Verdict: XTB is a CFD and forex broker headquartered in Poland and listed on the Warsaw Stock Exchange (WSE:XTB) valued at over $1bn.  XTB was founded in 2003 and offers forex, indices, commodities, ETF and stock CFD trading. XTB has historically used celebrity endorsements to promote it’s brand including Jose Mourinho, Conor McGregor, Joanna Jędrzejczyk and Jiří Procházka.
72% of retail investor accounts lose money when trading CFDs with this provider

Is XTB a good broker?

XTB, are a decent all-round trading platform and a good choice for most small-to-medium sized CFD traders. They are publically listed in Poland and offer, competitive spreads on a fairly wide range of markets.

The key things to focus on when considering trading with XTB are:

  1. They have their own proprietary trading platform. When I interviewed Omar Arnaout, the XTB CEO Omar Arnout, he said “I’m really proud of our platform and honestly believe it’s one of the best in the market.” Rightly so.
  2. They really push client education, XTB won “Best Trading Platform Education” in our 2023 awards (although they didn’t show up to collect the trophy, they never do). You can read their Q&A on forex education here.
  3. Customer service is paramount. Omar said that “first and foremost is the customer service”. I really agree with this as I think it’s important to have a few different trading accounts (diversify, diversify, diversify) and you’ll trade more with the broker that treats you best.

Pros

  • Publically listed
  • Mulitple platform choices
  • Innovative order types

Cons

  • Not UK based
  • No DMA
  • Pricing
    (4)
  • Market Access
    (4)
  • Online Platform
    (4)
  • Customer Service
    (4)
  • Research & Analysis
    (4)
Overall
4
Tell us what you think of this provider.

72% of retail investor accounts lose money when trading CFDs with this provider

XTB FAQs:

Yes, we rate XTB as a good broker and can recommend it based on their pricing, reputation, customer service, regulator status and platform features.

Yes. If you are trading through the FCA regulated entity of XTB your funds are protected by the FSCS. However, it’s important to note that XTB offers CFDs which are a high-risk and volatile way to invest and trade the market.

There is no minimum deposit required to open an account. However, you will need enough funds on account to cover the initial and variation margin of the positions you open.

XTB say it takes one business day to withdraw funds from your account. However, this process may be delayed if you use a different withdrawal/deposit method due to AML regulations.

75% of retail investor accounts lose money when trading CFDs with this provider.
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